Common use of Maximum Exposure Clause in Contracts

Maximum Exposure. Notwithstanding anything to the contrary in Section 10.1(a), (a) Metromedia shall be entitled to indemnification hereunder only when, and only with respect to amounts by which, the aggregate of all Losses sustained by it exceeds $500,000 and (b) the aggregate amount of all Losses subject to indemnification hereunder by the Stockholders shall not exceed $27,500,000.

Appears in 2 contracts

Sources: Agreement and Plan of Merger (Metromedia International Group Inc), Agreement and Plan of Merger (Metromedia International Group Inc)

Maximum Exposure. Notwithstanding anything to the contrary in Section 10.1(a---------------- Section 10.1 (a), (a) Metromedia shall be entitled to indemnification hereunder only when, and only with respect to amounts by which, the aggregate of all Losses sustained by it exceeds $500,000 and (b) the aggregate amount of all Losses subject to indemnification hereunder by the Stockholders shall not exceed $27,500,000.

Appears in 1 contract

Sources: Agreement and Plan of Merger (Metro-Goldwyn-Mayer Inc)